The franc was introduced at par with the French franc.

Decolonizing the Franc Zone

The franc is the currency of French Polynesia.

Another devaluation of the CFA franc today might deflate France s debts to the franc zone and boost its African based export industries, but it would worsen the franc zone countries miseries.

Gabon has three karst areas where there are hundreds of caves located in the dolomite and limestone rocks.

Approximately 12 of the population of Gabon practice Islam, of which 80 to 90 percent are foreigners.

Even Switzerland is intervening to weaken the franc.

Introducing the item, the secretariat noted that no expert from Gabon had yet been designated for membership on the Committee.

History The franc became the currency of Burundi in 1916, when Belgium occupied the former Germany colony and replaced the German East African rupie with the Belgian Congo franc.

History The franc became the currency of Rwanda in 1916, when Belgium occupied the previously German colony and the Belgian Congo franc replaced the German East African rupie.

Since 1945, it has been part of the CFP franc.

But the franc zone countries did not fare nearly so well.

Now he considers it the best currency in the world.

The franc zone s plight is being compounded by distorted and dysfunctional economic and monetary policies.

Swiss Francs by Flickr user Jim (CC BY NC SA 2.0).

In 1999, the Euro was introduced to replace the French franc.

Despite this, a French uranium company based in Gabon may have sold Israel uranium in 1965.

In 1910 Gabon became one of the four territories of French Equatorial Africa, a federation that survived until 1959.

The franc zone is, in fact, an appendage of the French economy.

More appalling is the fact that France guarantees the CFA franc s free convertibility into hard currency, originally on the condition that all 15 Franc Zone countries surrender 100 of their foreign reserves to the French Treasury.

This gap should encourage the franc zone s member countries to reject their relationship with France.

The CFA franc issued by two sub regional central banks (BCEAO and BEAC) are not interchangeable.

It was the largest plunge of the franc ever against the euro.

On January 1, 2008, the franc was valued at 1,129.40 per US dollar.

It is responsible for Swiss monetary policy and for issuing Swiss franc banknotes.

From the end of World War II until the adoption of the euro, France devalued its own franc 14 times in order to bolster competiveness and exports, with the CFA franc devalued along with it each time.

The draft decision guidance document is distributed as a meeting document (in the six official languages of the United Nations) for discussion at a Chemical Review Committee meeting for finalization and approval.

The second way implies a thorough overhaul of the system. This would entail pegging the CFA franc not only to the euro, but also to a basket of other currencies, abolishing the fixed exchange rate and the CFA franc s convertibility, and fast tracking economic integration.

Only during the period when Burundi used the Belgian Congo franc were centime coins issued.

But France s woes are also being felt far beyond its borders, sparking rumors of a possible devaluation of the CFA franc, the common currency of the franc zone, which comprises 14 African countries and the Comoros Islands in the Indian Ocean.

France may not like it, but the best interests of the franc zone s citizens should come first.

The CFA franc was sharply devalued in 1994, and outstanding debts were reduced.

There is no easy answer. But it is time for the franc zone s two leading regional groupings the West African Economic and Monetary Union and the Central African Economic and Monetary Community to begin playing a decisive role in overhauling the franc zone s architecture.

On the monetary front, the CFA Franc Zone s member countries dismantled the federal structure that united them during French occupation and erected trade barriers instead. The CFA franc issued by two sub regional central banks (BCEAO and BEAC) are not interchangeable.

Located on the equator, Gabon is bordered by Equatorial Guinea to the northwest, Cameroon to the north, the Republic of the Congo on the east and south, and the Gulf of Guinea to the west.

I would like to place on record our appreciation to the Government of the Republic of Gabon for its strong collaboration with the Tribunal in the apprehension and transfer of this fugitive.

It has been consolidated in 12 pilot countries to include the production of national integrated environmental assessment reports for Burkina Faso, Egypt, Ethiopia, Gabon, Ghana, Senegal, Tunisia, Uganda and Zambia.

It is time for franc zone leaders to break the cycle and chart effective national development strategies for their countries.

Photographer Kelly Fajack's image of school kids in Burundi was used on the back of the Burundian 10,000 franc note.

In the late summer of 1931, the dollar, alongside the French franc, appeared to be the strongest currency in the international system.

The Swiss franc has increased more than 40 against the dollar and therefore more than 30 against the renminbi.

First, franc zone countries could issue their own currencies a radical approach that would face serious obstacles.

On the monetary front, the CFA Franc Zone s member countries dismantled the federal structure that united them during French occupation and erected trade barriers instead.

American Congressmen view the Chinese as archetypal currency manipulators, but the Swiss have introduced a firm cap on the franc s appreciation.

Second tier currencies, like the Swiss franc, the Canadian dollar, and the Australian dollar, are only a slightly larger midget when combined.